Last week’s S&P/Case-Shiller Home Price Indices report showed strong positive gains in home prices, but those positive gains are threatened by rebounding foreclosure activity in about one-third of the 20 markets tracked in the report. First the good news. Nineteen of the 20 metro areas tracked in the home price report registered positive year-over-year increases [...]
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Homes vs. Condos
S&P/Case-Shiller Home Prices Indices cover condominiums in five markets as well as single family homes in 20 cities. The table compares the boom-bust and recovery results for homes and condominiums in the five cities — Los Angeles, San Francisco, Chicago, Boston and New York. The overall performance is similar between homes and condos but there [...]